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Kevin Smith Gaming Guru - Page 31Moneymaker's Win Brings Attention to PokerStars.com7 August 2003
When the World Series of Poker got underway in June, Rich Korbin was just hoping one of his players would finish in the money and maybe get some exposure for PokerStars.com.
As the marketing director for PokerStars.com, Korbin helped arrange 32 players to get spots in the crown jewel of poker events. ... (read more)
A Skill Games Community6 August 2003
Skill game specialist Arkadium Inc. officially launched its cornerstone product this week. The hard launch follows an aggressive marketing campaign that kicked off in April.
Arkadium, which specializes in developing and supplying unique online gaming software, is now making the product, "Gamedek," available to a growing list of clients that includes the New York Post and Terra.com. ... (read more)
TVG, Maryland Jockey Club Square Off5 August 2003
The Maryland Jockey Club has filed a lawsuit in United States District Court in Baltimore alleging that the Television Games Network has not met contractual obligations by failing to maintain a three-month average of $230 million in gross wagers for simulcasting.
As reported by the Baltimore Business ... (read more)
Reversal of Levy Scheme a Huge Victory for England's Betting Exchanges1 August 2003
The good news continues to roll in for the U.K.-based betting exchange industry.
Days after the leading P2P exchange, Betfair.com, was awarded an unprecedented seat on the Bookmakers' Committee, one of its competitors won a court ruling based on the upcoming levy scheme.
Officials with Sporting ... (read more)
A US Government-Run Internet Betting Exchange?29 July 2003
One day after the publicizing of plans for a U.S. government-bankrolled online betting exchange, members of Congress convinced the Pentagon to pull the plug on the scheme.
The plan, devised by the Defense Department's Advanced Research Projects Agency (DARPA), entailed the launching of a Web site offering a forum for buying and selling future options of terrorists events. ... (read more)
PayPal, DOJ Reach $10 Million Settlement25 July 2003
Nine months after cutting its ties with online gambling merchants, third-party payment processor PayPal Inc. has reached a settlement with the U.S. federal government. The deal, pertaining to an investigation by the U.S. Attorney for the Eastern District of Missouri, was struck Friday.
"... ... (read more)
New JC Regulations Aim to Preserve Integrity of UK Racing22 July 2003
Rules forbidding horse owners, trainers and other stable workers from laying horses to lose races in which they have a vested interest will go into effect Sept. 1 of this year.
The new regulations, introduced this week by the U.K. Jockey Club, are designed to curb skullduggery via betting exchanges. ... (read more)
Ireland Bars Jockeys from Betting on Horses22 July 2003
Following the lead of the U.K. Jockey Club, racing officials in Ireland confirmed today they will implement rules barring many of its associated workers from betting on horses.
Current regulations allow Tote staff, which are Horse Racing Ireland (HRI) employees, to bet although not at meetings at which they're working. ... (read more)
Betfair's 'Other' Problem Comes at a Bad Time18 July 2003
Officials with Betfair have been quite vocal in defending themselves and P2P betting in general in Australia of late, but remain tight-lipped about a possible investigation into the activities of one of the site's customers.
England's Racing Post reported that U.K. Jockey Club representatives are ... (read more)
Horsemen's Group Considers Offshore Betting17 July 2003
The National Horsemen's Benevolent & Protective Association's president is recommending a move that could be seen as radical to some but is designed to do what the group's name implies -- protect the interests of local horsemen.
The group's president, John Roark, indicated during a board of directors' ... (read more)
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